"There are silent runs on banks in Spain, Greece and Italy. The Bank of Italy authorized the suspension of payments by Bank Network Investments Spa (BNI) without communicating anything to depositors. The BNI, a large Italian bank, suspended operations and clients with bank accounts could not write checks, pay bills, make mortgage payments, use ATMs or debit and credit cards. " http://www.businessinsider.com/gold...restrictions-and-capital-controls-loom-2012-6
I'm italian. This is completely BS. There is no BNI in Italy, it doesn't exist. Someone, as usual, is trying to manipulate markets
be serious. there is 17 million+ links on google for Bank Network Investments SpA (BNI) are you on LSD?
maybe you are right. they are not on the list. http://www.moodys.com/research/Moodys-downgrades-Italian-banks-outlooks-remain-negative--PR_244732
Absolutely. The first link is the supervised financial istitutions by Bank of Italy, the second one is to research a name. http://siotec.bancaditalia.it/sportelli/main.do?function=language&language=eng http://siotec.bancaditalia.it/sportelli/jsp/layout/home.jsp?detail=gruppi
then again maybe it is very small with a big name http://siotec.bancaditalia.it/sportelli/jsp/layout/home.jsp?detail=intermediari Code 5630.9 Name BANCA NETWORK INVESTIMENTI - SOCIETA' PER AZIONI (IN FORMA ABBREVIATA BNI S.P.A.) Headquarters VIA LEPETIT, 8/10 20123 - MILANO Province: MILANO - Region: LOMBARDIA Registered office VIA LEPETIT, 8/10 20124 - MILANO Province: MILANO - Region: LOMBARDIA Country ITALIA Type of intermediary BANCA Classification BANCHE SPA Registration 01/01/2004 Start of activity 01/01/2004 Data valid from 28/07/2009 Notes CON PROVVEDIMENTO DEL 14 NOVEMBRE 2011, LA BANCA E' STATA POSTA IN AMMINISTRAZIONE STRAORDINARIA.
"a LARGE Italian bank" ??!! oh my god you guys are so gullible but 18 million google hits... then it MUST be true ! Sorry, now seriously: this is its web site http://www.bancanetwork.it/content/chi-siamo Capitale Sociale euro 10.068.155 not that large, isn't it ? sorry guys, I'm afraid someone just wants to move the market (did I hear someone saying "buy gold" ? )
and this is another bul$hit: "There are silent runs on banks in Spain, Greece and Italy." LOL , latest April 2012 data show that italian domestic banking deposits actually GREW 1.5% Y/Y http://www.ilsole24ore.com/art/fina...27/crisi-bancarie-italia-nessuna-163811.shtml What a bank run ! PS: Buy gold.. the world is gonna end !
LOL , latest April 2012 data show that italian domestic banking deposits actually GREW 1.5% Y/Y useless data. it doesn't prove anything.